502 5th St Rehoboth Beach, DE 19971
Rehoboth Beach AreaEstimated payment $2,181/month
Highlights
- Rambler Architecture
- 1 Fireplace
- Paneling
- Rehoboth Elementary School Rated A
- No HOA
- Central Air
About This Home
Don’t miss this opportunity to own property east of Route 1 in Rehoboth Beach! This three-bedroom, one-and-a-half-bath ranch home offers excellent potential for renovation or redevelopment in a highly desirable location close to shopping, dining, and the beach. The nearby Wolfe Neck Trail provides convenient access for walking or biking into both Lewes and Rehoboth Beach, making this location especially attractive for outdoor enthusiasts . For investors or builders, the property presents additional possibilities. Subject to approvals, there is potential to re-establish the property line, remove the existing home, and construct two new homes—an excellent redevelopment opportunity in an area experiencing continued growth . There is no HOA, and the property is zoned to allow manufactured homes. Several newly constructed homes in the surrounding community are helping support increasing neighborhood value, making this an appealing option for homeowners, investors, or builders alike. The property is being sold AS IS.
Listing Agent
(302) 360-0300 jeffrey@jeffreyfowler.com Keller Williams Realty Brokerage Phone: 3023600300 License #RS-0015216 Listed on: 05/31/2026
Co-Listing Agent
(302) 360-0300 csakowski24@gmail.com Keller Williams Realty Brokerage Phone: 3023600300 License #RS-0018857
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $757
Year Built
- Built in 1980
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
- Property is in below average condition
Home Design
- Rambler Architecture
- Modular or Manufactured Materials
Interior Spaces
- 1,456 Sq Ft Home
- Property has 1 Level
- Partially Furnished
- Paneling
- 1 Fireplace
- Family Room
- Dining Room
- Crawl Space
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Parking
- 4 Parking Spaces
- 4 Driveway Spaces
Utilities
- Central Air
- Heat Pump System
- 60+ Gallon Tank
- Well
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- Outbuilding
- Manufactured Home
Listing and Financial Details
- Tax Lot 86
- Assessor Parcel Number 334-13.00-76.00
Community Details
Overview
- No Home Owners Association
- Tru Vale Acres Subdivision
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2026 07/17/26 | Price Changed | $389,900 | -2.5% | $268 / Sq Ft |
| 05/31/2026 05/31/26 | For Sale | $399,900 | -- | $275 / Sq Ft |
Source: Bright MLS
MLS Number: DESU2109908
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Copyright 2026 Bright MLS, Inc.
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